Joelle M. Smith - 11 May 2024 Form 4 Insider Report for FIRST ADVANTAGE CORP (FA)

Role
Title: President, Data, Technology, and Experience
Signature
/s/ Bret T. Jardine, Attorney-in-Fact
Issuer symbol
FA
Transactions as of
11 May 2024
Net transactions value
-$109,484
Form type
4
Filing time
14 May 2024, 16:13:59 UTC
Previous filing
18 Sep 2023
Next filing
18 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FA Common Stock Options Exercise +24,905 +101% 49,574 11 May 2024 Direct F1
transaction FA Common Stock Tax liability $109,484 -6,847 -14% $15.99 42,727 11 May 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FA Restricted Stock Units Options Exercise $0 -24,905 -33% $0.000000 49,810 11 May 2024 Common Stock 24,905 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit (RSU) represents a contingent right to receive one share of common stock. The RSUs will be settled in either common stock or cash (or a combination thereof).
F2 Represents shares withheld in connection with the vesting of RSUs to cover tax withholding obligations.
F3 Represents RSUs originally granted on May 12, 2022, which vest in four equal annual installments, beginning on May 11, 2023, subject to continued service through such dates.

Remarks:

Title: President, Data, Technology, and Experience